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Hi all,Just found this site and am very anxious to explore all it has to offer. I have a quick tax/IRA question. My wife and I own a 4 unit building that we reside in. We are both also self-employed in separate busine...
Hi all,
I'm preparing to buy my first property in GTA, Canada. I'd like to run these numbers by you to see if I'm fairly on track, or if I'm getting into a big mess. What do you think?
An example of a sem...
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Hi Bigger Pockets Family,We were presented with an opportunity to purchase a 4 unit apartment building. It is currently fully rented. It is in a small town. The seller gave us the following numbers:Asking Price: $3...
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Need assistance analyzing whether or not this is a good deal.16 unit multi-family (1br/ba)100% occupancyCurrently renting out each unit for $500 (about $100-$150 below market rents)6.7% cap rateGrade C areaSeller ask...
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Hi everyone,For long term, is the norm to calculate PM's fees from gross or net income? For short term, I'm paying PM fees from net income after deducting maintenance/repair costs. Is this correct, or should utilities...
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My dad has about 35 doors in one location which is his main source of income. The units are probably worth $2mil and are bringing in probably $20k a month. The units are about 25 years old and have not been serviced g...
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Hi folks,I'm new to the BP - thought I could ask experts for some advice for a commercial property I'm evaluating to buy. This will be my first commercial property, and I don't have much experience in commercial so ...
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If an investor has the time, knowledge, capital and experience to be an active property investor then there are a number of strategies , that, depending on the economic market can be used to accelerate wealth building...
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Hello everyone. First post here and I need some help. I've got a townhome that my wife and I have lived in for 6 years. We're looking to move up and might like to keep it as a rental. We love it. Originally bought for...
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Turn key building from long time owner of 26 years, here are the numbers I have verified. Class B+ neighborhood. How much would you offer? # Description(All Figures are Annual) Monthly Annual Amount ...